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: Structured Settlements 4RealNoMore Waiting.Com ..." A Member in Good Standing of NASP"?
By John Darer
The advertisement on a cash now pusher website called NoMoreWaiting.Com claims that NoMoreWaiting.Com is "a member in good standing of the National Association of Settlement Purchasers".
The Google Ad
No More Waiting! Settlement Cash Now!
-
Member in good standing of the National Association of Settlement Purchasers (NASP).
The Website
Download No More Waiting! Settlement..
As you can see the website has a toll free number, but no address, no "About Us" tab. A call to the toll free number by this author reveals that NoMoreWAiting.com is a front for Novation Capital.
Due to the pathetic lack of regulation to protect consumers in this regard, Robin Marc Shapiro and company have no motivation to identify the legal name of the company up front. This legal loophole has already been masterfully exploited by JG Wentworth with its Sybil-esque collection of "alter egos".
Is NoMoreWaiting.com a website URL or is it the legal name of a company? Will these companies EVER start doing the right thing?
Not until the "power of the legislature compels them"
Full post as published by Structured Settlements 4Real on February 12, 2010 (boomark / email).
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